Day: July 9, 2024

Awais Laghari Admits Delays and Challenges in Fulfillment of Free Electricity Promises

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Awais-Leghari

Karachi (TV Report) – Federal Minister for Energy, Awais Laghari, acknowledged the delays and difficulties in delivering on the promises of free electricity made by Maryam Nawaz and Bilawal Bhutto. While claiming efforts to reduce electricity prices for the public, Laghari stated that significant rate reductions would be made before the end of the government’s term. He admitted that fulfilling promises of free electricity will take more time. Areas with high electricity theft are experiencing increased load shedding, and investigations are underway regarding the addition of extra units in electricity…

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National Gas Transmission System at Risk Amid Reduced RLNG Usage

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New-RLNG

ISLAMABAD: The national gas transmission system is facing significant risks as the Power Division has reduced the use of imported gas in RLNG-based power plants in Punjab. This reduction, now down to 418 million cubic feet per day (mmcfd) from 858 mmcfd on July 3, 2024, has caused a surge in the line pack pressure to 5.185 billion cubic feet gas (bcfd), potentially jeopardizing the system. On Sunday, the line pack pressure was recorded at 5.060 bcfd, escalating to 5.185 bcfd by Monday due to the reduced RLNG usage. This…

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Punjab CM Maryam Nawaz Approves Solar Panels for Low-Consumption Households

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Mariyam-nawaz

LAHORE: In response to rising electricity costs, Punjab Chief Minister Maryam Nawaz has approved the provision of solar panels to households consuming between 50 and 500 units of electricity monthly. Chairing a meeting with the Energy Department, she greenlighted the ‘Roshan Gharana Programme,’ which aims to alleviate the burden of high electricity costs. Under this initiative, the Punjab government will cover 90% of the cost of solar panels, with consumers paying the remaining 10%. Beneficiaries will repay the government’s share in easy installments over five years. “The government is committed…

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Senate Panel to Probe IPP Agreements, Capacity Payments, and Terms

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IPPs-dues

ISLAMABAD: The Senate Standing Committee on Power is set to initiate a comprehensive investigation into the agreements of Independent Power Producers (IPPs), scrutinizing their rate of return, capacity payments, and other contractual terms. The chairman of the committee, Mohsin Aziz, emphasized that the current structure of IPP agreements is unsustainable for Pakistan. The investigation coincides with growing opposition from former caretaker minister for commerce, Gohar Ejaz, the All Pakistan Textile Mills Association (APTMA), and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) against IPP contracts. Ejaz highlighted the…

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Government Reverses Tariff Hike for Protected Consumers

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New-IMF

ISLAMABAD: In response to public outcry and potential political backlash, the government has decided to roll back a previously approved 51% increase in electricity rates for protected consumers, meeting a ‘prior action’ required by the International Monetary Fund (IMF). On the prime minister’s instructions, a revised summary exempting protected consumers from the hike will be urgently reviewed by the federal cabinet. This decision follows concerns over accumulated bills due to public holidays around Eidul Azha and higher consumption during hot weather, which had led to public unrest. The National Electric…

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